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Products → Revenue: $74B
Revenue → Cost of revenue: $53B
iPhone → Products: $51B
Cost of revenue → Product costs: $47B
Revenue → Gross profit: $42B
Gross profit → Operating profit: $28B
Operating profit → Net profit: $24B
Services → Revenue: $21B
Gross profit → Operating expenses: $14B
Watch & AirPods → Products: $9B
Operating expenses → R&D: $7B
MacBook → Products: $7B
iPad → Products: $7B
Operating expenses → SG&A: $6B
Cost of revenue → Service costs: $6B
Operating profit → Tax: $4B
Other income → Net profit: $0B
iPhone: $51B
Products: $74B
MacBook: $7B
iPad: $7B
Watch & AirPods: $9B
Revenue: $95B
Services: $21B
Gross profit: $42B
Cost of revenue: $53B
Operating profit: $28B
Operating expenses: $14B
Product costs: $47B
Service costs: $6B
Net profit: $24B
Tax: $4B
Other income: $0B
R&D: $7B
SG&A: $6B
created with SankeyArt.com
iPhone
$51B
2% Y/Y
Products
$74B
-5% Y/Y
MacBook
$7B
-31% Y/Y
iPad
$7B
-13% Y/Y
Watch & AirPods
$9B
-1% Y/Y
Revenue
$95B
-3% Y/Y
Services
$21B
5% Y/Y
Gross profit
$42B
-1% Y/Y
Cost of revenue
$53B
-3% Y/Y
Operating profit
$28B
-6% Y/Y
Operating expenses
$14B
9% Y/Y
Product costs
$47B
-5% Y/Y
Service costs
$6B
12% Y/Y
Net profit
$24B
-3% Y/Y
Tax
$4B
-18% Y/Y
Other income
$64M
R&D
$7B
17% Y/Y
SG&A
$6B
0% Y/Y
Apple Q2 FY23 Income Statement
2022
Q4
Full Year
2023
Q1
Q2
Q3
Q4
Full Year
2024
Q1
Q2
Q3
Full Year
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